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Friday, 14 August 09
INDONESIA COAL-PRICES FALL TO $74, INDIA EYES SEPT CARGOES
.jpg) Reuters reported that, Prices of power-station coal from Australia fell to around $74 a tonne as demand eased, while Indian buyers started to look for Indonesia cargoes for delivery in September, traders said. Thermal coal prices on the globalCOAL Newcastle index, a benchmark for Asia, fell $1.57 from the week before to $74.45 a tonne on tepid demand from Asian buyers.
Indonesian bituminous coal of 6,100-6,300 kcal/kg air-dried basis (ADB) was offered at $58 a tonne, FOB mother vessel from South Kalimantan.
Indian buyers have made inquiries for cargoes in September, although demand for Indonesia high-quality coal generally eased, with bigger producers well covered on orders.
"Indian buyers were waiting for some supply orders from the government's tender. Also, there is weather problem too but things will be resolved around October," a regional trader said, referring to the monsoon season which normally runs until September.
Indian state trading entity MMTC, which buys for the majority of state power plants, has put a recent 12.5 million tonne tender on hold and may re-tender after a complaint from a trader.
A 15,000-tonne parcel of Australian coal was traded at $74 a tonne on Tuesday.
* INDONESIAN SUB-BITUMINOUS COAL
Indonesian sub-bituminous coal of 5,100-5,300 kcal/kg ADB was offered at around $36 a tonne, FOB mother vessel from Kalimantan.
Few Chinese buyers were in the market due to ample stocks after they had bought more coal in the first half of this year, an Indonesian dealer said.
But Indian buyers have started looking for cargoes of sub-bituminous coal for delivery in the fourth quarter of this year.
"We receive requests from many Indian traders asking for support letters because they want to participate in the government tenders," said an Indonesian dealer.
"They are looking for shipments in September to end of the year," he said.
Indian demand for Indonesian coal had been slow in the past weeks as buyers prefered cheaper South African cargoes.
In the domestic market, paper and cement firms were in the market for cargoes, although power plants were still struggling to reduce excess stockpiles by asking suppliers to reduce shipment volumes. (Reporting by Fitri Wulandari, Editing by Michael Urquhart)
Source: Reuters
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Monday, 31 October 22
U.S. COAL-FIRED GENERATION DECLINING AFTER BRIEF RISE LAST YEAR - EIA
We expect 6% less U.S. coal-fired generation in 2022 than in 2021, according to our latest Short-Term Energy Outlook (STEO). Although coal-fired ge ...
Monday, 31 October 22
CHINA COAL OUTPUT UP 12.3 PCT IN SEPTEMBER - XINHUA
China’s raw coal output posted stable expansion in September, official data showed.
The country produced 390 million tonnes of ...
Wednesday, 26 October 22
BIMCO PUBLISHES UPDATED GENCON CONTRACT
BIMCO has published a revised and updated version GENCON 2022 – one of its flagship contracts within its portfolio of standard contracts for ...
Monday, 24 October 22
KOSPO TO INVITE 400,000 MT OF COAL FOR 3 YEARS
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an international tender for 400,000 MT of 3,800 - 4,400kcal/kg NCV and Sulfur Max 0 ...
Wednesday, 19 October 22
ASIA COULD BE A BRIGHT SPOT AMID GLOBAL DOWNTURN NEXT YEAR, ECONOMISTS SAY - CNBC
Asia — especially Southeast Asia — remains a bright spot, even as the global economy looks set to head into recession next year, econom ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
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- Holcim Trading Pte Ltd - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Mines - Canada
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
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- PetroVietnam Power Coal Import and Supply Company
- Ministry of Finance - Indonesia
- Cement Manufacturers Association - India
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- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
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- Australian Coal Association
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- Directorate General of MIneral and Coal - Indonesia
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- Sarangani Energy Corporation, Philippines
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- Gujarat Sidhee Cement - India
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
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- Economic Council, Georgia
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- Parliament of New Zealand
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- Rio Tinto Coal - Australia
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Siam City Cement PLC, Thailand
- Interocean Group of Companies - India
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- Directorate Of Revenue Intelligence - India
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- Coastal Gujarat Power Limited - India
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Ceylon Electricity Board - Sri Lanka
- Eastern Energy - Thailand
- Planning Commission, India
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- White Energy Company Limited
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
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- SMC Global Power, Philippines
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- Semirara Mining and Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Kaltim Prima Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Mercuria Energy - Indonesia
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- Chamber of Mines of South Africa
- Mjunction Services Limited - India
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Ind-Barath Power Infra Limited - India
- Electricity Generating Authority of Thailand
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- South Luzon Thermal Energy Corporation
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
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- Aboitiz Power Corporation - Philippines
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- OPG Power Generation Pvt Ltd - India
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- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
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- Marubeni Corporation - India
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- Straits Asia Resources Limited - Singapore
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- Bangladesh Power Developement Board
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- PTC India Limited - India
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- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
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- The University of Queensland
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- Videocon Industries ltd - India
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- Minerals Council of Australia
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- PowerSource Philippines DevCo
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